Remarkably, Walmart is winning consumers for its online grocery component by steadily capitalizing on its current brick-and-mortar footprint and nearness to its customer base. Walmart and other retail giants are concentrating more on Buy Online Pick-up in Store (BOPIS) model to increase their sale in this pandemic period. The online grocery shopping rate has more reasonable than doubled in the last few years. Amazon's is looming the online grocery market in the United States by offering Amazon Fresh service. Amazon's disruptive approach to grocery includes a collect and click offering where shoppers can choose up online grocery orders within a 15minute to 2hour term window. Moreover, the e-commerce giant offers Amazon Go's checkout-free grocery shopping, including private-label groceries.
United States Online Grocery Industry is expected to expand at a massive CAGR of 18.1% from 2021-2027
Notwithstanding, the increasing penetration of internet connectivity with the rising penetration of smart devices is primarily driving the United States online sales of grocery items. Furthermore, the hectic consumer work schedules and increasing working women population catalyze the market for online grocery. The emergence of e-commerce media and the growing inclination towards hassle-free shopping ventures also propel market growth.
How Online Grocery in United States benefited from COVID-19
The COVID-19 pandemic has harmed many industries economically, but e-commerce has experienced a boom as many Americans avoided stores and ordered items for pickup or home delivery. The online grocery industry has benefited meaningfully as Americans have increasingly used online grocery services. With the growing number of marts offering curbside pickup and increased features provided by grocery delivery apps, consumers are now presented with various options and incentives to order their groceries online. Many consumers who became first-time online grocery buyers during the pandemic now prefer this grocery shopping mode due to convenience.
United States Online Grocery Market Size was US$ 112.90 Billion in 2021
On the basis of segments, US online grocery market includes Staple Pantry Items, Specialist ingredients, Beverages, Personal Care, Fresh Produce, Meat, Fish, deli, Food for Special Occasions. Staple pantry items have emerged as the most extensively sold items in the United States online grocery by sowing to repetitive shopping of staples, including food grains, flours, and essentials. But categories that traditionally had lower expression online, including fresh meat, dairy, produce, and frozen food, also saw a substantial increase in consumer willingness to buy online.
Key Player: The Presence of Several Participants
The United States online grocery industry is highly competitive with multiple players. Companies are committed in acquisitions and partnerships to gain a competitive edge over other companies through expansion in new territories. The critical online grocery market participants include Walmart Inc, Amazon.Com, Inc, The Kroger Co, Costco Wholesale Corporation, Albertsons Cos. Inc, Ahold Delhaize USA, Target Corporation.
This report titled “United States Online Grocery Market, by Segments (Staple Pantry Items, Specialist ingredients, Beverages, Personal Care, Fresh Produce, Meat, Fish, deli, Food for Special Occasions), Company Analysis (Walmart Inc, Amazon.Com, Inc, The Kroger Co, Costco Wholesale Corporation, Albertsons Cos. Inc, Ahold Delhaize USA, Target Corporation.)” provides a detailed analysis of United States Online Grocery Industry.
Segments - United States Online Grocery Market has been covered from 7 viewpoints
1. Staple Pantry Items
2. Specialist ingredients
3. Beverages
4. Personal Care
5. Fresh Produce
6. Meat, Fish, deli
7. Food for Special Occasions
All the companies have been studied from three points
- Business Overview
- Recent development and strategy
- Sales analysis
Company Analysis
1. Walmart Inc
2. Amazon.Com, Inc
3. The Kroger Co
4. Costco Wholesale Corporation
5. Albertsons Cos. Inc
6. Ahold Delhaize USA,
7. Target Corporation.
Table of Contents
Companies Mentioned
- Walmart Inc
- Amazon.Com, Inc
- The Kroger Co
- Costco Wholesale Corporation
- Albertsons Cos. Inc
- Ahold Delhaize USA,
- Target Corporation.
Methodology
In this report, for analyzing the future trends for the studied market during the forecast period, the publisher has incorporated rigorous statistical and econometric methods, further scrutinized by secondary, primary sources and by in-house experts, supported through their extensive data intelligence repository. The market is studied holistically from both demand and supply-side perspectives. This is carried out to analyze both end-user and producer behavior patterns, in the review period, which affects price, demand and consumption trends. As the study demands to analyze the long-term nature of the market, the identification of factors influencing the market is based on the fundamentality of the study market.
Through secondary and primary researches, which largely include interviews with industry participants, reliable statistics, and regional intelligence, are identified and are transformed to quantitative data through data extraction, and further applied for inferential purposes. The publisher's in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of their recommendations and advice.
Primary Research
The primary purpose of this phase is to extract qualitative information regarding the market from the key industry leaders. The primary research efforts include reaching out to participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions. The publisher also established professional corporate relations with various companies that allow us greater flexibility for reaching out to industry participants and commentators for interviews and discussions, fulfilling the following functions:
- Validates and improves the data quality and strengthens research proceeds
- Further develop the analyst team’s market understanding and expertise
- Supplies authentic information about market size, share, growth, and forecast
The researcher's primary research interview and discussion panels are typically composed of the most experienced industry members. These participants include, however, are not limited to:
- Chief executives and VPs of leading corporations specific to the industry
- Product and sales managers or country heads; channel partners and top level distributors; banking, investment, and valuation experts
- Key opinion leaders (KOLs)
Secondary Research
The publisher refers to a broad array of industry sources for their secondary research, which typically includes, however, is not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Patent and regulatory databases for understanding of technical & legal developments
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic new articles, webcasts, and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecasts
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 80 |
Published | January 2022 |
Forecast Period | 2021 - 2027 |
Estimated Market Value ( USD | $ 112.9 Billion |
Forecasted Market Value ( USD | $ 306.99 Billion |
Compound Annual Growth Rate | 18.1% |
Regions Covered | United States |
No. of Companies Mentioned | 7 |